A real-life example of delayed justice in mortgage fraud

OFFSIDE: A MysteryPart of the fictional plot in OFFSIDE: A Mystery concerns the nonfictional real estate bubble around Los Angeles in 2006, and what fueled it. That was hardly limited in real life to Southern California. Yesterday, the U.S. Attorney’s Office in Atlanta, for example, issued a press release announcing the sentencing of four persons convicted of defrauding mortgage lenders of more than $2 million in a plot that dates back to 2008. Tools included phony documentation and fake buyers.

That it took six years to bring these folks to be brought to justice does not speak well of our system for policing this stuff.